Truist Financial Sticks to Their Hold Rating for Citizens Financial (CFG)

In a report released today, Brian Foran from Truist Financial maintained a Hold rating on Citizens Financial, with a price target of $69.00.

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Foran covers the Financial sector, focusing on stocks such as Citizens Financial, American Express, and Fifth Third Bancorp. According to TipRanks, Foran has an average return of 9.8% and a 76.62% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Citizens Financial with a $72.69 average price target.

Based on Citizens Financial’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.16 billion and a net profit of $528 million. In comparison, last year the company earned a revenue of $3.03 billion and had a net profit of $401 million

Based on the recent corporate insider activity of 71 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CFG in relation to earlier this year. Last month, Susan LaMonica, the CHRO of CFG sold 13,258.00 shares for a total of $769,494.32.